Nifty IT Falls 1.5% as AI Trade Rebounds on Anthropic IPO Filing
India’s Nifty IT index fell 1.5% on October 27, while Infosys declined 1.58%. The filing boosted sentiment toward the AI trade, lifting semiconductor stocks in South Korea and Japan.
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India’s Nifty IT index fell 1.5% on October 27, while Infosys declined 1.58%. The filing boosted sentiment toward the AI trade, lifting semiconductor stocks in South Korea and Japan.
U.S. stock futures were mixed Friday, with the Dow and S&P 500 lower and the Nasdaq 100 higher ahead of October flash PMI releases. The article also reports several company earnings and other market developments.
Indian stocks viewed as proxies for the global AI boom have surged this year, while the Nifty 50 has fallen 13% in 2026.
* India's stock benchmarks Nifty 50, Sensex trade flat, as rising oil prices, persistent foreign outflows weigh on sentiment, countering a rebound in beaten-down IT stocks * Brent crude rises to about $106.5 a barrel after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were depl
U.S. stock futures were swinging between gains and losses on Tuesday, as the Dow Jones and S&P 500 indices rose, while the Nasdaq 100 index fell, following Monday’s mixed close. The ongoing war in Iran is mounting significant economic and strategic pressure on the U.S. as Brent futures hover around $105 and household c
MSCI EM currencies index marks biggest intraday drop since mid-May Indonesian rupiah weakens to as much as 17,900 MSCI EM Asia equities index slips 0.8% Jakarta stocks benchmark down 1%, India's Nifty 25 falls 0.9% By Shruti Agarwal Sept 24 (Reuters) — Emerging Asia currencies fell the most in more than four months on